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A look at what could happen when the offshore drilling ban expires
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by Amy Judd | September 27, 2008 at 02:28 pm
247 views | 12 Recommendations | 10 comments
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As previously reported, the House Democrats agreed to let the 26-year offshore drilling ban expire on September 30.
Despite growing public outrage at the decision, it is a response to high gasoline prices and the struggling financial markets in the US.
This is an excerpt at what could happen when the ban expries.
The White House also rejected a Democratic plan to include a modified proposal, passed recently by the House of Representatives, that would have opened some coastal areas to offshore drilling provided they were more than 50 miles offshore and the affected states agreed. As a result, the proposed funding bill will say nothing about offshore drilling, which will have the effect of lifting the ban that state lawmakers and environmentalists have fought successfully to keep in place since it was first established in the early 1980s.
"Unfortunately, the president's willingness to veto any sensible compromise on offshore drilling, which would have threatened to shut down the government and send a dangerous signal during these hard economic times and a financial crisis on Wall Street, led to the expiration of the current moratorium," House Speaker Nancy Pelosi said in a statement.
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Most RecentMost Recommended Comments (10)
at 15:13 on September 27th, 2008
amyjudd, I like this story. It's good stuff.
at 21:10 on September 27th, 2008
amyjudd, I like this story. It's good stuff.
at 21:14 on September 27th, 2008
Investing in more or new of shore drilling is not the anther and may actually take us from the over flowing pail to the over flowing deluge. We need to shift focus from old to new and in this case to renewable energies.
at 21:41 on September 27th, 2008
I just would like to know where the "outrage" in America is coming from? Can you actually support your claim. sounds good but I am not getting that feeling from American media at all.
at 21:50 on September 27th, 2008
n September 2008, House Democrats handed congressional Republicans a victory by agreeing to let the 26-year-old moratorium on offshore drilling expire on September 30. The Democrats made their decision amid the growing public outcry about high gasoline prices and concerns about the struggling financial markets, and after President Bush threatened to veto a proposed $630 billion funding bill and shut down the federal government if the legislation included language to renew the offshore drilling ban.
Other news Sources reported a flood of e-mails, faxes and phone calls to the Government being in Disfavour with the intention of off shore drilling.
at 02:28 on September 28th, 2008
I think you have the facts mixed up. the people are pissed off about the "bail out". Not drilling for oil.
at 03:57 on September 28th, 2008
There is a reply Icon. There is some of both here. However even before the bail out talk and events the anti drilling move was already there and strong, covered here on NP on a couple of occasions. All you have to do is look it up!
at 02:37 on September 28th, 2008
amyjudd, I like this story. It's good stuff.
at 13:18 on September 28th, 2008
Hi Paschen,
I guess my sources are directly from the US Media and personal relationships with some hard news reporters I know. I do not have the fortune to have so much free time to know all the ins and outs of now public site. Hopefully one day I will get the hang of it.
Steve
at 07:22 on October 5th, 2008
glittertrixie has contributed a photo to this story and its called "Mermaids Oppose Offshore Drilling at Obama Rally, 9/20/08"
See? Even sea life is for Obama.